Senior Account Associate

3 months ago

Bengaluru, India Myelin Foundry Full time

About Myelin Foundry

Myelin Foundry is a cutting-edge technology startup focused on developing innovative solutions in the fields of AI and machine learning. We are a dynamic team committed to driving transformation through technology and are seeking passionate individuals to join us in our journey.


Key Responsibilities:

Accounting and Financial Management:

  • Book expenditures and income.
  • Account for the company’s day-to-day activities, including purchases and sales.
  • Maintain petty cash and manage office expenditures.

Office Administration:

  • Handle office administration activities.
  • Manage bank-related documentation and transactions.

Financial Reporting:

  • Prepare books of accounts, including bank reconciliation, sundry debtors, and sundry creditors.
  • Prepare balance sheets and review Management Information System (MIS) reports.
  • Assist in preparing the Budget, forecast, timesheets.

Vendor and Invoice Management:

  • Manage vendor payments and raise invoices.
  • Handle e-invoicing processes.

Taxation and Compliance:

  • Handle GST, income tax notices, and other tax-related documentation.
  • File IT returns, annual returns (ROC and MGT 9), and GST annual returns.
  • Perform monthly and quarterly TDS filings and monthly and annual PT filings.

Audit Assistance:

  • Assist in various audits, including stock audit, tax audit, and GST audits.
  • Handle audit-related documents and internal, statutory, and fixed assets audits.

Due Diligence:

  • Assist in due diligence processes.

Company Registrations:

  • Manage company incorporation, GST registration, and PT registration.

Ledger and Accounts Management:

  • Scrutinize ledgers and manage accounts payable and receivable.

Import and Exports Payments:

  • Handle imports and exports payments and maintain related documentation.

Payroll Processing:

  • Process salary and bank payments.
  • Reconcile GST, TDS, ESI, PF, and PT payments.

Skills and Qualifications:

  • Proficiency in QuickBooks, Tally, HostBooks, and Zoho Books.
  • Strong understanding of accounting principles and practices.
  • Excellent attention to detail and organizational skills.
  • Possess good oral and written communication skills.
  • Should be a team-player and at the same time should be able to handle the given tasks independently.
  • Ability to handle multiple tasks and meet deadlines.
  • Strong communication and interpersonal skills.

Experience:

  • 2 – 4 years of experience in Administration, Office assistance or Accounting / Finance department
  • Relevant experience in accounting and financial management.

Education:

  • Bachelor’s degree in accounting, finance, or a related field.

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